Video | Newsletters | Subscribe Now

Accounting

You are here: Home : Topics A-Z : Accounting

Follow this topic

Sign up for newsletters
Subscribe to our Accounting RSS feed

A Tax Break for Selling Toxic Assets?
Banks and other financial institutions that were eager for a tax break related to government bailout programs may be pleasantly surprised. August 24, 2009
XBRL: The Inside Story
After years of development, data tagging seems little more than a minor financial-reporting requirement. Yet some now say it could transform internal finance operations. Is this XBRL's true calling, or just more hype? August 24, 2009
Dear CFO: Watch Your Loan Loss Reserves
The SEC issues a new letter aimed at financial institution CFOs, emphasizing the need to "reassess" loan loss reserves in light of the economic slump. August 21, 2009
Will Bank Regulators Diverge from GAAP?
The FDIC will discuss new accounting rules at its board meeting next week, and once again, the idea of slipping free of bothersome rules is likely to be on the table. August 20, 2009
FASB Rethinks Lawsuit-Accounting Plan
The board is taking its time revising its contentious proposal to expand requirements for disclosures about potential litigation losses. August 20, 2009
Get Ready for the Next Fair-Value Showdown
By the end of the year, FASB likely will release more details on its proposed mark-to-market rules for loans. Expect the banking industry to balk, again. August 18, 2009
SEC Zeroes In on Sale-leasebacks
The regulator settles with two companies, Terex and GE, over alleged schemes to recognize revenue prematurely. August 13, 2009
Simplified Reporting: Forgotten in the Crisis?
It's been a year since an SEC advisory committee made suggestions for improving the standard-setting and preparation that goes into financial statements. August 12, 2009
FASB Shows "Sensitivity" to Fair Value
The board will propose a requirement for companies to disclose more about their sketchiest valuations of their assets and liabilities. August 6, 2009
GE Settles Accounting Fraud Charges
In a blow to its reputation as a finance paragon, GE settles SEC fraud claims related to hedge accounting and revenue recognition. August 4, 2009